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News@lemmy.worldEnglish · 1 year ago

Texas power prices soar 20,000% as brutal heat wave sets off emergency

markets.businessinsider.com

cross-posted to:
technology@lemmy.world

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Texas power prices soar 20,000% as brutal heat wave sets off emergency

markets.businessinsider.com

MicroWave@lemmy.world to

News@lemmy.worldEnglish · 1 year ago

cross-posted to:
technology@lemmy.world

On Wednesday evening, spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.

Texas power prices soared 20,000% Wednesday evening amid another brutal heat wave.
Spot electricity prices topped $5,000 per megawatt-hour, up more than 200 times from Wednesday morning.
The state’s grid operator issued its second-highest energy emergency, then later said conditions returned to normal.

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1 year ago
Heard a piece of NPR about how our green grid is actually having a lot of trouble keeping up because climate change is fucking up our rainfall, and hence our hydro electric. Even if you do it right, you end up paying for the greed of everyone else.

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